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A USDA GAIN report projects China's 2022 hog production at 665 million head, up 2% from 2021, with pork output rising 5% to 50 million tonnes. Breeding swine imports are estimated at 20,000 head and pork imports at 3.3 million tonnes.
Domestic pork prices are expected to stay low in 2022 as producers compete for share.
Expanding Chinese hog numbers support a larger feed demand base over time, but low hog prices weigh on producer margins and may temper herd growth. The outlook for weak pork prices points to pressure on hog values.
thepigsite.comSarah Mikesell15 Mar 2022Setelah 159 peristiwa laporan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan +1,0% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
